Billionaire investor Ray Dalio has shifted his stance on Bitcoin, now endorsing it as a hedge against rising debt levels. Speaking at Abu Dhabi Finance Week, Dalio emphasized the importance of hard assets like gold and Bitcoin, stating, "I want to steer away from debt assets like bonds." His comments come amid growing concerns over global debt, particularly in major economies such as the U.S. and China. Additionally, Bitcoin has recently reclaimed the $100,000 mark, with various institutions, including Trump's World Liberty Financial, reportedly investing in cryptocurrencies like Ethereum, Chainlink, and Aave. BlackRock has also recommended that investors allocate 2% of their portfolios to Bitcoin, reinforcing the cryptocurrency's increasing acceptance among institutional investors. The market is witnessing significant activity, with Ethereum ETFs seeing a net inflow of $274 million and Bitcoin ETFs attracting $598 million. The developments indicate a broader trend of institutional interest in cryptocurrencies as a viable investment strategy.